The national government’s debt servicing reached P156.2 billion in July this year, jumping by 158 percent compared with P60.54 billion paid out in the same month last year.
Offshore debt payments, meanwhile, hit P647 million in July, an increase 57 percent compared with P1.51 billion. Of the total, domestic and foreign interest payments reached P32.42 billion and P19.67 billion, respectively. Of that amount, interest and principal payments reached P309.3 billion and P305.25 billion, respectively.
Source: Loan Digest (loandigest.net)
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